Braze (NASDAQ:BRZE) Issues FY 2026 Earnings Guidance

Braze (NASDAQ:BRZE) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.310-0.350 for the period, compared to the consensus EPS estimate of 0.290. The company issued revenue guidance of $686.0 million-$691.0 million, compared to the consensus revenue estimate of $688.2 million. Braze also updated its FY26 guidance to $0.31-$0.35 EPS.

Analyst Ratings Changes

BRZE has been the subject of several research analyst reports. Citigroup upped their target price on shares of Braze from $47.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. DA Davidson reiterated a “buy” rating and issued a $50.00 target price on shares of Braze in a research note on Wednesday. Wells Fargo & Company decreased their target price on Braze from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, March 21st. Stephens initiated coverage on Braze in a report on Wednesday, March 19th. They issued an “overweight” rating and a $43.00 price target for the company. Finally, Raymond James reduced their price objective on Braze from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, March 20th. One investment analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $52.05.

Braze Price Performance

Shares of NASDAQ:BRZE traded down $0.63 during trading on Thursday, reaching $36.70. The stock had a trading volume of 2,218,992 shares, compared to its average volume of 1,127,919. The stock has a market capitalization of $3.80 billion, a PE ratio of -32.19 and a beta of 1.17. Braze has a 52 week low of $29.18 and a 52 week high of $50.84. The business’s 50-day moving average price is $39.94 and its 200 day moving average price is $37.98.

Insiders Place Their Bets

In other news, CAO Pankaj Malik sold 3,700 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $45.77, for a total transaction of $169,349.00. Following the transaction, the chief accounting officer now owns 54,784 shares of the company’s stock, valued at $2,507,463.68. This represents a 6.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Myles Kleeger sold 10,000 shares of Braze stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $45.43, for a total value of $454,300.00. Following the completion of the sale, the insider now owns 184,396 shares of the company’s stock, valued at approximately $8,377,110.28. The trade was a 5.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 89,470 shares of company stock valued at $3,841,921. 24.03% of the stock is currently owned by corporate insiders.

About Braze

Braze, Inc operates a customer engagement platform that provides interactions between consumers and brands worldwide. The company offers Braze software development kits that automatically manage data ingestion and deliver mobile and web notifications, in-application/in-browser interstitial messages, and content cards; REST API that can be used to import or export data or to trigger workflows between Braze and brands' existing technology stacks; Partner Data Integrations, which allow brands to sync user cohorts from partners; Data Transformation, in which brands can programmatically sync and transform user data; and Braze Cloud Data Ingestion that enables brands to harness their customer data.